Pendal Group Ltd boosted its position in shares of O’Reilly Automotive Inc (NASDAQ:ORLY) by 18.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 171,642 shares of the specialty retailer’s stock after purchasing an additional 26,279 shares during the period. Pendal Group Ltd’s holdings in O’Reilly Automotive were worth $56,249,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. FMR LLC raised its holdings in O’Reilly Automotive by 28.6% in the 1st quarter. FMR LLC now owns 1,496,125 shares of the specialty retailer’s stock worth $580,945,000 after purchasing an additional 332,297 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of O’Reilly Automotive by 9.9% in the 4th quarter. Geode Capital Management LLC now owns 1,121,559 shares of the specialty retailer’s stock worth $385,559,000 after acquiring an additional 100,713 shares in the last quarter. OppenheimerFunds Inc. increased its stake in shares of O’Reilly Automotive by 0.9% in the 1st quarter. OppenheimerFunds Inc. now owns 669,372 shares of the specialty retailer’s stock worth $259,917,000 after acquiring an additional 6,215 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of O’Reilly Automotive by 73.2% in the 1st quarter. Janus Henderson Group PLC now owns 651,238 shares of the specialty retailer’s stock worth $252,882,000 after acquiring an additional 275,197 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in O’Reilly Automotive by 0.8% during the 1st quarter. Wells Fargo & Company MN now owns 593,348 shares of the specialty retailer’s stock valued at $230,397,000 after purchasing an additional 4,512 shares during the last quarter. 85.49% of the stock is owned by institutional investors.

Several analysts recently commented on ORLY shares. Goldman Sachs Group started coverage on shares of O’Reilly Automotive in a research report on Thursday, July 11th. They set a “buy” rating and a $440.00 price objective on the stock. BidaskClub raised shares of O’Reilly Automotive from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th. Wells Fargo & Co increased their price objective on shares of O’Reilly Automotive from $415.00 to $445.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Morgan Stanley increased their price objective on shares of O’Reilly Automotive from $385.00 to $400.00 and gave the company an “equal weight” rating in a research report on Monday, April 15th. Finally, Stephens cut their price objective on shares of O’Reilly Automotive from $440.00 to $430.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. One analyst has rated the stock with a sell rating, eight have given a hold rating, eight have given a buy rating and two have assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $410.00.

Shares of NASDAQ:ORLY traded up $2.45 during trading on Tuesday, hitting $373.29. The company’s stock had a trading volume of 41,508 shares, compared to its average volume of 670,082. The company has a 50-day simple moving average of $384.04. O’Reilly Automotive Inc has a 12 month low of $314.08 and a 12 month high of $414.63. The company has a current ratio of 0.85, a quick ratio of 0.10 and a debt-to-equity ratio of 37.43. The firm has a market cap of $29.66 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 1.53 and a beta of 0.73.

O’Reilly Automotive (NASDAQ:ORLY) last issued its quarterly earnings data on Wednesday, July 24th. The specialty retailer reported $4.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $4.67 by ($0.16). O’Reilly Automotive had a return on equity of 391.89% and a net margin of 13.69%. The business had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.61 billion. During the same quarter last year, the company earned $4.28 EPS. O’Reilly Automotive’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, equities research analysts forecast that O’Reilly Automotive Inc will post 17.54 EPS for the current year.

In other news, SVP Jeffrey Alan Lauro bought 150 shares of the firm’s stock in a transaction on Monday, August 5th. The shares were bought at an average price of $368.33 per share, for a total transaction of $55,249.50. Following the purchase, the senior vice president now owns 422 shares in the company, valued at $155,435.26. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John Raymond Murphy sold 122 shares of the firm’s stock in a transaction that occurred on Tuesday, July 30th. The stock was sold at an average price of $385.92, for a total transaction of $47,082.24. The disclosure for this sale can be found here. 2.52% of the stock is owned by corporate insiders.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States. The company provides new and remanufactured automotive hard parts, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, and temperature control and water pumps; maintenance items comprising antifreeze and lighting products, appearance products, engine additives, filters, fluids, and oil and wiper blades; and accessories, such as floor mats, seat covers, and truck accessories.

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Institutional Ownership by Quarter for O`Reilly Automotive (NASDAQ:ORLY)

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